India, April 8 -- Kimbal Musk, younger brother of billionaire Elon Musk, publicly lambasted former President Donald Trump's latest tariff proposals on Monday with an "R-word."
With a series of posts on X, Kimbal that Trump's trade agenda enforcing a "structural, permanent tax on the American consumer."
"Even if he is successful in bringing jobs on shore through the tariff tax, prices will remain high and the tax on consumption will remain the form of higher prices because we are simply not as good at making all things. A tax on consumption also means less consumption. Which means less jobs. Which in turn leads to less consumption. And then even less jobs," Kimbal wrote.
Labeling Trump "the most high-tax American President in generation...
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